For Lease
Just Listed
228 King Edward Avenue Basement #Basement
South J, London South, ON
$1,895
3+2Bd
1Ba
900+sqft
4Parking
60 x 125 ftlot
$2/sqft
DetachedMLS# X14158052Listed 2026-11-063 DOM
Cooling
Central Air
Just listed! New listings in London South often receive offers within the first week.
About this home
Bright, updated and move-in ready, this legal, fully furnished two-bedroom basement apartment offers approximately 800 sq. ft. of thoughtfully designed living space plus a dedicated office/flex room-ideal for working or studying from home. The unit features a separate rear entrance, an open-concept living and dining area with TV and furnishings, and a modern kitchen equipped with stainless steel appliances and dishwasher. Both bedrooms are furnished, and the three-piece bathroom includes a glass-enclosed shower. Additional conveniences include large windows, recessed lighting, in-suite laundry, high-speed internet and one dedicated parking space. The unit has a City occupancy certificate and rental permit, with all required safety and egress standards completed. Shared use of the backyard and patio is included. Conveniently situated in the Glen Cairn community near London Transit, parks, recreation, shopping, everyday services, major road connections and the Victoria Hospital area.
Basement Apt
Rooms
Basement
| Bedroom | 3.54 × 3.48 m | Vinyl Floor B/I Closet Window |
| Bedroom 2 | 3.54 × 2.53 m | B/I Closet Vinyl Floor Window |
| Den | 3.05 × 1.86 m | |
| Kitchen | — |
Other
| Room | — |
Features
- Carpet Free
- Countertop Range
- Water Softener
- Apartment
- Central Air
- 1 Storey/Apt
Financials
Estimated Rental Income
Entire property$3,200 – $4,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield2026.4% – 3039.6%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — London South
Days on market3 days
Buyer's MarketSeller's Market
Based on active listings in London South. Data updates daily.
Other rentals like this
Similar rentals in London South
Same property type, similar price, similar size — currently for rent.
For Lease18 days ago
$2,000
Detached
6 Patience Crescent Upper #Upper, South X
London South, ON
3 bd
1 ba
900
2
MLS# X14105628Re/Max Real Estate Centre Inc.
WhatsApp Aman
For Lease6 days ago
$2,200
Detached
419 Chester Street, South G
London South, ON
2 bd
1 ba
900
1
MLS# X14143218Real Broker Ontario Ltd
WhatsApp Aman
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
59
/ 100
Walk Score
Somewhat Walkable
42
/ 100
Transit Score
Some Transit
49
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.